42 Leeper Street, St. Catharines, ON

$499,000
MLS#:X12975544
2 beds
3 baths
1500-2000 sqft
2.0 parking
Residential Freehold
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Description

Property Highlights

Welcome to this remarkable ["2-Storey"] triplex located in the coveted neighborhood of 458 - Western Hill. Expertly crafted featuring premium vinyl siding construction, this residence presents an exceptional opportunity offered at $499,000 to acquire a beautiful home in a highly sought-after setting. Designed for both comfortable daily living and elegant entertaining, the layout maximizes natural light, functional flow, and lifestyle utility.

  • 2 Bedrooms and 3 Bathrooms with 3 functional kitchens
  • Generous living space spanning 1500-2000 sqft on a premium 59 x 157.5 ft lot
  • Features a ["none"] basement, adding superb versatility for recreation, a home gym, or extra storage
  • 2.0 total parking spaces available
  • Notable attributes: Separate Hydro Meter, Water Heater Owned
  • equipped with ["window unit(s)"] central cooling and highly efficient radiant heating via gas

Welcome to 42 Leeper Street - A Triplex with Income & Development Potential! Featuring two spacious one-bedroom units and a cozy bachelor unit - perfect for living on the main floor while the upper units help to offset your mortgage. Sitting on an expansive lot (57' x 157.5') with R2 zoning, this property offers exciting development possibilities, including the potential to add an accessory dwelling unit (ADU). The City of St. Catharines ADU Program supports qualifying homeowners who want to create a secondary unit on their property, offering a one-time grant to help offset project costs. This program encourages additional rental housing in the city and can increase the property's income potential. Ideally located within walking distance to the St. Catharines GO Train Station and vibrant Downtown, you'll enjoy easy access to local shops, cafes, restaurants, and entertainment venues including the Performing Arts Centre and Meridian Credit Union Centre. Convenience is at your fingertips with nearby shopping centres, Brock University, and Niagara Health - Marotta Family Hospital all just minutes away. This property combines investment potential, possible development opportunities, and a prime location. It is perfect for a first-time homebuyer looking for an affordable entry into homeownership with future income potential, or an investor seeking a reliable property with immediate cash flow and possible long-term development opportunities. Come see all that 42 Leeper has to offer!

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Key Features

Bedrooms
2
Bathrooms
3
Kitchens
3
Living Area
1500-2000 sqft
Property Type
Residential Freehold

Additional Details

StatusActive
Listed Date4/9/2026
Transaction TypeFor Sale

Property Details

Property Sub-TypeTriplex
ConstructionVinyl Siding
Lot Size59 × 157.5 Feet
CountyNiagara
Annual Tax$3,230.29
Legal DescriptionPT LT 1878 CP PL 2 GRANTHAM AS IN RO606347; ST. CATHARINES

Parking & Garage

Parking Spaces2.0
Garage Spaces2
Garage TypeNone

Heating & Cooling

Heat SourceGas
Heat TypeRadiant
Cooling["Window Unit(s)"]

Features

Property Features

Community Features

Location

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42 Leeper Street, St. Catharines, ON
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Property History

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This could be the first listing for this address.

Pricing & Value Insights

Data-driven valuation for 42 Leeper Street, St. Catharines, ON L2S 2N2

Estimated Sales Range
$1.2M - $1.4M

Based on 0 recent similar sales in the pocket.

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Notice: Market Insights are generated by analyzing real-time data and should be used for informational purposes only. Consult with a licensed professional for exact valuations.
Financial Audit

Estimated Costs

Loan Amount$399,200
Monthly Mortgage$2,319
Property Tax (Est.)$269
Utilities & Maint.$350
Total Monthly Cost$2,938

Strategic Fiscal Clarity

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